Fox revenue falls to $3.99 billion as adjusted EPS rises to $1.32 in March quarter
Fox Corporation reported fiscal third-quarter results for the three months ended March 31, 2026. Revenue fell to $3.99 billion from $4.37 billion a year earlier, mainly because the prior year included the Super Bowl LIX broadcast, and GAAP net income attributable to stockholders dropped to $166 million ($0.38 per share) from $346 million ($0.75). Adjusted EBITDA rose 11% to $954 million and adjusted EPS rose to $1.32 from $1.10, which matters to shareholders because the company's headline revenue and GAAP profit declined while its adjusted profit measures improved.
Key points
- Total revenue was $3.99 billion versus $4.37 billion; advertising revenue was $1.56 billion versus $2.04 billion.
- Adjusted EBITDA was $954 million, up $98 million or 11% from the prior year quarter.
- Net income attributable to Fox Corporation stockholders was $166 million ($0.38 per share) versus $346 million ($0.75 per share).
The filing
Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 11, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.